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Latest Articles in gst bill

'Midsize Sedans Could Outsell Entry Level Sedans In India By 2022'

In an exclusive interview with BW Businessworld's Avishek Banerjee, Puneet Gupta, South Asia Manager, Vehicle Sales Forecast, IHS Markit discussed how entry level sedans replaced by midsize sedans in the next five years if the government goes ahead with a uniform tax rate on all segments of passenger vehicles

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GST Is Goodbye To Simple Tax: Kapil Sibal

Senior Congress leader Kapil Sibal said the GST was 'goodbye to simple tax' and not a 'good and simple tax' as described by the prime minister, stressing that it was good for the government and bad for the common man

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CAIT Urges Govt To Exempt Software From GST

The CAIT has maintained that nearly 60% of small businesses in the Country particularly in tier2 and tier3 cities still have not computerised their existing business format whereas GST is entirely based on e-compliance having four verticals e-tax, e-return, e-audit & e-assessment

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Print Post-GST MRP On Products Or Go To Jail, Paswan Warns Companies

Manufacturers have been allowed to clear unsold stocks by September with new MRP printed on products.

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Tamil Nadu Cinema Owners Call Off Strike

Tamil Nadu Cinemas were losing a business of approximately Rs 20 crore a day due to the indefinite strike

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Real Estate Players Plan To Absorb GST Shock To Prevent Slump

Real estate players are planning to absorb the post-GST additional tax burden of five to six per cent post to prevent further slump in sales as demonetisation hangover continues in the sector

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CGST Won't Apply On Items Not Registered Under Trademark Law

The finance ministry that 5 per cent CGST will not apply on products that are not registered under the Trade Marks Act

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Stocks Consolidate As GST Rollout Gathers Pace

The stock markets have not been able to scale the mountain of 9700 levels convincingly on the Nifty. For now, it continues to hover a little over the 9600 mark, where it has been meandering for the last one month

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Digital India: Eroding Corruption From Every Bank

As the government completes two years of Digital India campaign, BW Businessworld takes a glance at the journey of the economy transforming into a digital space step by step

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Hybrid Cars May Become A Thing Of The Past Because Of GST

The government is taxing the hybrid vehicles at a rate as high as 43 per cent under the GST tax regime set which is significantly higher than the just abolished tax of about 29 per cent on such cars

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Sensex Loses Gains, Ends Negative On Geo-political Tension

The benchmark Sensex gave up its early gains to end in the red today, breaking its three-day winning spell, amid weak global cues due to geo-political concerns

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Subsidised LPG Rate Hiked By Up To Rs 32 Per Cylinder Post GST

Domestic cooking gas (LPG) price has been hiked by up to Rs 32 per cylinder -- the steepest increase in six years -- following implementation of the Goods and Services Tax (GST)

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GST To Be Revenue Nuetral In Short-term, Says Fitch

The newly-implemented goods and services tax will support productivity and boost the long-term growth prospects but is unlikely to increase tax revenue in the short-term, says a report by Fitch Ratings

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Tax Hike Under GST Could Boost Illegal Bullion, Jewellery Sales

A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewellery

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Indian Retailers Innovate To Engage In-store Shoppers

Foreign and domestic retailers operating in India have started taking steps to deliver the next unique ‘experience’ to their shoppers

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